Answer:
$81,000
Step-by-step explanation:
A = Final Payment = ?
P = Principal Amount = $30,000
r = Interest Rate = 8.5%
t = Time = 20 Years
A = P(1 + rt)
A = 30,000(1 + 0.085 x 20)
A = 30,000 + 51000
A = $81,000
Hence, Steph will pay $81,000 altogether.
The answer is $53
<span>x - age in years
y - total value in dollars
</span>
If the equation is y = 2x + 15, then after 19 years, the value will be:
x = 19
y = 2x + 15
y = 2 * 19 + 15
y = 38 + 15
y = 53
If
, then by rationalizing the denominator we can rewrite

Now,

and


